Market Overview:
The global LED light therapy devices market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for LED light therapy devices for various applications such as hospitals, medical spa, beauty centers, and at home. Additionally, the growing awareness about the benefits of LED light therapy is also contributing to the growth of this market. The blue light segment is expected to hold a major share of the global LED light therapy devices market during the forecast period owing to its numerous benefits such as anti-inflammatory effects and improved skin complexion. The red light segment is also anticipated to witness significant growth during the forecast period due its ability to improve collagen production and reduce wrinkles and fine lines.
Product Definition:
LED light therapy devices use specific wavelengths of light to treat various skin conditions. LED therapy is thought to work by stimulating the body's natural healing processes. LED therapy may improve collagen production, reduce inflammation, and promote wound healing.
Blue Light:
LED light therapy devices are the latest innovative technology in the field of medical lighting. Blue light is used for treating a variety of skin conditions such as psoriasis, eczema and acne rosacea. The blue LED light therapy device has been studied to show positive results in improving symptoms of these aforementioned diseases.
Red Light:
Red light and it's usage in LED light therapy devices market is driven by growing demand for advanced therapies that are used to treat a variety of medical conditions such as skin cancer, arthritis, etc. The increasing prevalence of these diseases has led to the growth of the red light and its usage in LED light therapy devices market.
Application Insights:
Based on application, the market is segmented into hospitals, medical spas, beauty centers and at-home treatments. The at-home treatment segment dominated the overall industry in terms of revenue in 2017. This can be attributed to growing preference for LED light therapy devices over other forms of physical therapies due to ease of use and convenience associated with them. Furthermore, an increase in number of spa facilities has led consumers to opt for these devices as they provide effective skin rejuvenation without exposing customers to harmful UV rays from the sun.
The medical spa segment is expected witness lucrative growth during the forecast period owing to increasing demand for various aesthetic procedures such as laser hair removal, skin tightening and pigmentation treatment among others by patients seeking anti-aging solutions abroad or undergoing cosmetic surgeries at home.
Regional Analysis:
North America led the global market in 2017. The region is expected to maintain its dominance over the forecast period owing to increasing cases of skin cancer and other disorders, growing awareness about LED therapy, availability of skilled professionals and high disposable income of consumers. Moreover, presence of major companies that are engaged in Led lighting technology development will also help this region maintain its position during the forecast period.
Asia Pacific regional market is anticipated to grow at a lucrative rate over the next eight years due to rising disposable income especially in developing countries such as China & India along with expanding healthcare infrastructure facilities for aesthetic treatments including LED light therapy devices application centers across various cities & towns which will drive growth further.
Growth Factors:
- Increasing demand for non-invasive and painless treatments
- Rising prevalence of skin disorders
- Technological advancements in LED light therapy devices
- Growing awareness about the benefits of LED light therapy devices
- Increasing number of dermatologists recommending LED light therapy devices
Scope Of The Report
Report Attributes
Report Details
Report Title
LED Light Therapy Devices Market Research Report
By Type
Blue Light, Red Light
By Application
Hospitals, Medical Spa, Beauty Centers, At Home
By Companies
LightStim, Joovv, Dr. Muller, Elevare, Carelight, InfraRelief
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
156
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global LED Light Therapy Devices Market Report Segments:
The global LED Light Therapy Devices market is segmented on the basis of:
Types
Blue Light, Red Light
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Medical Spa, Beauty Centers, At Home
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- LightStim
- Joovv
- Dr. Muller
- Elevare
- Carelight
- InfraRelief
Highlights of The LED Light Therapy Devices Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Blue Light
- Red Light
- By Application:
- Hospitals
- Medical Spa
- Beauty Centers
- At Home
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the LED Light Therapy Devices Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
LED light therapy devices are medical devices that emit short-wavelength light, such as blue or green, to treat conditions such as depression, anxiety, pain relief and more.
Some of the major players in the led light therapy devices market are LightStim, Joovv, Dr. Muller, Elevare, Carelight, InfraRelief.
The led light therapy devices market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 LED Light Therapy Devices Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 LED Light Therapy Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 LED Light Therapy Devices Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the LED Light Therapy Devices Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global LED Light Therapy Devices Market Size & Forecast, 2020-2028
4.5.1 LED Light Therapy Devices Market Size and Y-o-Y Growth
4.5.2 LED Light Therapy Devices Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Blue Light
5.2.2 Red Light
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Medical Spa
6.2.3 Beauty Centers
6.2.4 At Home
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global LED Light Therapy Devices Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 LED Light Therapy Devices Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Blue Light
9.6.2 Red Light
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Medical Spa
9.10.3 Beauty Centers
9.10.4 At Home
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Blue Light
10.6.2 Red Light
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Medical Spa
10.10.3 Beauty Centers
10.10.4 At Home
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Blue Light
11.6.2 Red Light
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Medical Spa
11.10.3 Beauty Centers
11.10.4 At Home
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Blue Light
12.6.2 Red Light
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Medical Spa
12.10.3 Beauty Centers
12.10.4 At Home
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Blue Light
13.6.2 Red Light
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Medical Spa
13.10.3 Beauty Centers
13.10.4 At Home
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 LED Light Therapy Devices Market: Competitive Dashboard
14.2 Global LED Light Therapy Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 LightStim
14.3.2 Joovv
14.3.3 Dr. Muller
14.3.4 Elevare
14.3.5 Carelight
14.3.6 InfraRelief
